Stock Index Futures Flat as Economy Fears Fade

Stock index futures were largely unchanged as economic data and Walmart's comments eased recession fears. Treasury yields fell, signaling market rebound from recent pessimism.

Retail sales and jobless claims improved, indicating consumer resilience. Upcoming consumer sentiment data will reflect political partisanship, not consumer feelings.

The Federal Reserve is unlikely to save the market from its fate. Investors are hopeful for an economic soft landing, with positive data alleviating concerns.

Strong economic data this week includes cooling inflation and healthy consumers. The S&P 500 and Nasdaq are on track for their best week.

Walmart reported strong results, indicating consumer strength. Investors expect the Fed to start cutting rates in September.

European stocks rose for a fourth consecutive session, driven by auto stocks. Oil prices tumbled on weak China demand.

Sterling climbed to a 3-week high on recovering sentiment.